Just realized today at 154tds from April high is 77+77. 107tds from July 1 low. 107×7==749. $rut closed at 751 at one point was at 749…….$nmuni tanked hard today. Munis appear to be back in crash mode….All bonds actually dropped today though.
Today has some cycles with a history of success. Today is 440 trading day cycles from the March 2009 bottom. 440==5×88. The market bottomed on March 6 2009 at 352 tds from 2007 top or 4×88 (352) which makes today also 792tds from 2007 high or 9×88. Add 70 to 440 (47# in there) and there are 510tds to Nov 21 low. (510 doesn’t stick out to me as anything important though). Nov 21,2008 is also 741 calendar days from today….back then the SP bottomed at 741. (ie111). Today also would have been 1147 calendar days from Oct 11,2007 high if one does not add a leap year day for 2008….11-21-08 SP low 741 minus 2010 SP high of 1227===486, a number that sticks out as something meaningful but I can’t figure out how….588 is one of Dan Brown’s favorite numbers so much so that he used it as a major clue in his latest book, The Lost Symbol, and paired it with the number 13 although 588 is interpreted to mean ssb in the book. By the Washington monument is 555 ft tall (see below)…..As for the upcoming rituals…..LeBron James and gang et al. Miami Thrice go to Cleveland tonight for LBJ’s homecoming non-reunion. Black Swan is released tomorrow (buzz is Natalie Portman will get an Academy Award for her performance). SP closed at the rescue train number to stop the UNSTOPPABLE force yesterday. 127 Hours is get extended play in the theaters and is considered another Academy Award favorite (127×4==508crash number)(the ad features an embedded inverted V—the space between the two converging cliffs—haven’t seen this one yet so can’t give a review). Next week will be 165 weeks from 2007 high (92+73) and 74 weeks from July low. Today is also 18 tds from Nov 5high which was 136tds from April 26 high……I got some inspiration from another blog which hinted at January’s high as a midpoint high. From March 6 2009 to Jan 19 2010 high ====219 trading days. From the Jan high to today===221 tds (tomorrow then 222 days another potential energy number—-Sp closed at 224 on October 19,1987 and we have seen important closes this year at 1212 on April 26 and 1222 on Nov 4 and 1221 today)…..Anyway if the market continues to ramp from here, then might as well expect a rally from here to eternity since the retail bullish numbers won’t mean a thing and I can’t see a tank job into Christmas…..
The eVent, a show that should have been cancelled by now, had its mid-season finale this week and would have aired episode #11 next Monday. (apparently the eVent was about to unfold). NFL features week 13 this weekend.
Final ISEE all equities reading===296. AAII bulls 49+% bears circa 26/27%……CBOE equity put-call ratio sub .5…..$oex put call ratio on Cboe features quite a preponderance of call buying over put buying.. But it had been reported that $oex ratio was very low the last few days(ie massive call buying to put buying) but I did not see that from CBOE’s data the last few days so I wonder how sentimenttrader calculates its OEX data. That’s the current hook that has all the bears running scared but it conflicts with all of the other dumb money data…….I still have a more comprehensive post coming.
Well, the only good thing about today is that the SP closed at 1221, a variation of the magic number and b-berries most celebrated # on 12-2-1(0). 1221 minus 666 March 2009 low ====555 while 1227-666=561 ie 111 or 560.xx if one wants to do an exact calculation. Sounds good for a secondary top (ie wave 2 top—see Ron Walker’s chart of the 2007top for a comparison). ISEE all equities in another stratospheric reading level. (When ISEE hit an alltime high of 348 on April 15 it immediately tanked the next day and went on to make a slightly higher high). For my timeline to work, market needs to tank hard tomorrow. I’ll do a more comprehensive post later.
Heck Red at this rate we could hit the 118.16 by Tuesday. I don’t think we will but as of right now, 3.9% upside on the DIA and we are to the 118.16 FP. If we did hit it by Tuesday, you would have an answer to your question “what is the significance of the December 7th FP on the Wilshire?” Would the TPTB make it that obvious?
Just realized today at 154tds from April high is 77+77. 107tds from July 1 low. 107×7==749. $rut closed at 751 at one point was at 749…….$nmuni tanked hard today. Munis appear to be back in crash mode….All bonds actually dropped today though.
Today has some cycles with a history of success. Today is 440 trading day cycles from the March 2009 bottom. 440==5×88. The market bottomed on March 6 2009 at 352 tds from 2007 top or 4×88 (352) which makes today also 792tds from 2007 high or 9×88. Add 70 to 440 (47# in there) and there are 510tds to Nov 21 low. (510 doesn’t stick out to me as anything important though). Nov 21,2008 is also 741 calendar days from today….back then the SP bottomed at 741. (ie111). Today also would have been 1147 calendar days from Oct 11,2007 high if one does not add a leap year day for 2008….11-21-08 SP low 741 minus 2010 SP high of 1227===486, a number that sticks out as something meaningful but I can’t figure out how….588 is one of Dan Brown’s favorite numbers so much so that he used it as a major clue in his latest book, The Lost Symbol, and paired it with the number 13 although 588 is interpreted to mean ssb in the book. By the Washington monument is 555 ft tall (see below)…..As for the upcoming rituals…..LeBron James and gang et al. Miami Thrice go to Cleveland tonight for LBJ’s homecoming non-reunion. Black Swan is released tomorrow (buzz is Natalie Portman will get an Academy Award for her performance). SP closed at the rescue train number to stop the UNSTOPPABLE force yesterday. 127 Hours is get extended play in the theaters and is considered another Academy Award favorite (127×4==508crash number)(the ad features an embedded inverted V—the space between the two converging cliffs—haven’t seen this one yet so can’t give a review). Next week will be 165 weeks from 2007 high (92+73) and 74 weeks from July low. Today is also 18 tds from Nov 5high which was 136tds from April 26 high……I got some inspiration from another blog which hinted at January’s high as a midpoint high. From March 6 2009 to Jan 19 2010 high ====219 trading days. From the Jan high to today===221 tds (tomorrow then 222 days another potential energy number—-Sp closed at 224 on October 19,1987 and we have seen important closes this year at 1212 on April 26 and 1222 on Nov 4 and 1221 today)…..Anyway if the market continues to ramp from here, then might as well expect a rally from here to eternity since the retail bullish numbers won’t mean a thing and I can’t see a tank job into Christmas…..
The eVent, a show that should have been cancelled by now, had its mid-season finale this week and would have aired episode #11 next Monday. (apparently the eVent was about to unfold). NFL features week 13 this weekend.
http://pugsma.files.wordpress.com/2010/12/pug-sp-500-60-min-eod-12-2-10.jpg
http://www.hedgeaccording.ly/2010/12/post-market-s-update-spy.html
Great Santa rally so far. Tomorrows the Hat Trick. Long and Stroooonnnng……………………………………
Final ISEE all equities reading===296. AAII bulls 49+% bears circa 26/27%……CBOE equity put-call ratio sub .5…..$oex put call ratio on Cboe features quite a preponderance of call buying over put buying.. But it had been reported that $oex ratio was very low the last few days(ie massive call buying to put buying) but I did not see that from CBOE’s data the last few days so I wonder how sentimenttrader calculates its OEX data. That’s the current hook that has all the bears running scared but it conflicts with all of the other dumb money data…….I still have a more comprehensive post coming.
Well, the only good thing about today is that the SP closed at 1221, a variation of the magic number and b-berries most celebrated # on 12-2-1(0). 1221 minus 666 March 2009 low ====555 while 1227-666=561 ie 111 or 560.xx if one wants to do an exact calculation. Sounds good for a secondary top (ie wave 2 top—see Ron Walker’s chart of the 2007top for a comparison). ISEE all equities in another stratospheric reading level. (When ISEE hit an alltime high of 348 on April 15 it immediately tanked the next day and went on to make a slightly higher high). For my timeline to work, market needs to tank hard tomorrow. I’ll do a more comprehensive post later.
Heck Red at this rate we could hit the 118.16 by Tuesday. I don’t think we will but as of right now, 3.9% upside on the DIA and we are to the 118.16 FP. If we did hit it by Tuesday, you would have an answer to your question “what is the significance of the December 7th FP on the Wilshire?” Would the TPTB make it that obvious?
I’m short OIH, for an overnight…HAL,BHI,NBL too high
down on FRI up on Mon—for XLE and OIH weekly pattern